Bannon: 'Fiasco' Is Plot to Stop People Who Want the Wall

He has pleaded not guilty to wire fraud and money laundering charges
By Rob Quinn,  Newser Staff
Posted Aug 21, 2020 4:03 AM CDT

(Newser) – Steve Bannon, who has been indicted on charges of scamming donors to a "We Build the Wall" campaign, blames his political foes for his arrest. "This entire fiasco is to stop people who want to build the wall," President Trump's former chief strategist said after leaving Manhattan federal court Thursday, per the the New York Post. The 66-year-old was freed on $5 million bond after pleading not guilty to wire fraud and money laundering charges. Prosecutors say hundreds of thousands of dollars people donated to a campaign to build a border wall ended up in Bannon's pockets. More:

  • He was arrested on Chinese billionaire's yacht. Bannon was arrested by federal agents at 7:15am Thursday on a yacht owned by Chinese billionaire Guo Wengui. NBC takes a look at Bannon's connections to the mysterious billionaire, "a self-styled crusader against Chinese Communist corruption who has drawn the ire of the Chinese government but has also been sued by other Chinese dissidents." Federal agents are also investigating a media company linked to both Bannon and Guo.

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.